Extremities Market to grow at a CAGR of 6.71% during 2017-2021: Johnson & Johnson, Smith & Nephew, Stryker, Wright Medical, and Zimmer Biomet

MarketResearchNest.com adds “Global Extremities Market 2017-2021” new report to its research database. The report spread across 139 pages with table and figures in it.

Research analysts forecast the global extremities market to grow at a CAGR of 6.71% during the period 2018-2022.

About Extremities
Technologically advanced extremity products provide several benefits to both patients and healthcare professionals (HCPs). Patients recover their mobility quickly and HCPs receive aid in performing procedures efficiently. Emergence of robotics and 3D printing has helped the HCPs to improve the efficiency of procedures as robotics reduces the time required for surgery while 3D printing facilitates customization of implants. These technologically advanced products improve the efficiency and success rates of procedures in the extremities body market.

Covered in this report
The report covers the present scenario and the growth prospects of the global extremities market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-extremities-market-2018-2022.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Extremities Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global extremities market: Johnson & Johnson, Smith & Nephew, Stryker, Wright Medical, and Zimmer Biomet.

Other Prominent Vendors in the market are: Arthrex, Biotech Limb and Brace, Bioventus, Ceramisys, CollPlant, Colson Associates, CONMED, Corin, DJO Global, EVOLUTIS, EXACtech, GROUP FH ORTHO, FX Solutions, Graftys, Implantcast, Integra LifeSciences, Isto Biologics, Lima Corporate, Merete Technologies, Myomo, NovaBone, Orthofix, Ossur, Promedics Orthopaedic, Regennex, RTI Surgical, Silver Bullet Therapeutics, Skeletal Dynamics, Skye Biologics, Surgical Appliance Industries, Trimed, and Xtant Medical.

Commenting on the report, an analyst from Research team said: “One trend in the market is increasing M&A activity. The global extremities market is witnessing several M&A and partnerships. This is helping the leading vendors to increase their respective market shares and expand their operations in new geographic regions. Companies with strong financials acquire companies that have a strong focus on R&D, which helps the acquirer develop new products.”

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According to the report, one driver in the market is technological innovations. Technological innovations in extremity products have provided several benefits to both patients and HCPs. For patients, a technologically advanced product is likely to restore mobility faster. For HCPs technological innovations help perform procedures efficiently. For instance, the emergence of robotics and 3D printing has helped HCPs improve the efficiency of procedures. Robotics reduces the time required for surgeries. 3D printing helps surgeons customize implants according to the patient’s anatomy. Hence, the success rate of procedures are higher.

Further, the report states that one challenge in the market is high cost of extremity procedures. Hospitals and surgical facilities are under constant pressure to deliver quality healthcare at low cost. However, this has become difficult due to the focus on advanced procedures that involve the use of sophisticated devices. Healthcare facilities must consider various procurement processes and budget allocation considerations before they provide reimbursements for such devices. To increase their budget, hospitals sometimes increase the procedure cost, which can be high for patients as it increases their cost burden, which affects the adoption of such procedures. High procedure cost can affect the growth of the global extremities market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

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